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20130129
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Search Results 0 to 49 of about 277 (some duplicates have been removed)
SFGTV
Jan 29, 2013 7:30am PST
there is a good deal of work happening in the background like the transition of the different payroll tax incentiv incentives. the tax and treasures office is beginning their implementation but the basic concepts are we we need to help business prepare for a transition. so in your binder is a - is information that we've put together so that if i go to a business association that i hand this out to walk them through. some of this i'm going to highlight on some of this. let's go to the first slide. next thank you. so as your well aware that now we have a 1.5 percent payroll for businesses in the city that have payroll over $250,000 i should say 2 hundred and 50 thousand one dollars. of a business is under 2 hundred and 50 thousand they don't pay the payroll taxed. so the grois receipts will phase over a 5 year period starting the tax year of 2013 so next year. and this phase is is to low both businesses and the city to have a smooth transition so that if for any reason the gross receipts is not bringing in as much money we are operating as a deficit but it the gross receipts is coming in a herself w
SFGTV
Jan 29, 2013 1:30am PST
're still developing things like the tax credits and how that will be applied. who you get into some of the larger entities there's bigger structures and that needs to be careful communicated so that when the time for outreach there's one package of information going out. so the tax and treasurers office have additional staffing for that >> commissioner reeling. >> so of a small business the gross receipt is less than 1 million it's exemption. >> right the first million is not exemption so if you will look at page 2. the whole 2 million is taxable >> yeah, but it's at a different taxable rate. so if you look at that page once you reach over a million that million is a taxable minimum >> so for schedule one 1.75 percent of - the first million is at - the 5 hundred thousand is taxable at the 1 point percent tax rate. >> commissioner. >> what about the businesses that are a combination of the manufacturing and other businesses structure. >> right so going back to i think i think this is where we need to work this out. we're not going out and educating businesses right now. the lik
KCSMMHZ
Jan 29, 2013 2:00am PST
. italy -- why small businesses are protesting against tax collectors. and luxembourg -- why illegal immigrants there want to get registered. children are typically raised by tibia will parents, but does it matter if they are a mother and father, or can two fathers or two mothers do just as well -- children are typically raised by two parents. single-sex families are a controversial issue in europe. the number of so-called rainbow families are on the rise, but their legal status varies from country to country. in germany, gay and lesbian couples cannot jointly adopt a child or a baby. they can only adopt as individuals. in france, when the government announced its intention to give homosexual couples equal adoption rights, large crowds took to the streets in protest. >> for these two little boys, having two mothers is nothing unusual. their parents are a lesbian couple. beatrice, seen here, adopted the boys as a single woman. her partner had no legal say in it, and by french law, singles may adopt, but same-sex couples may not. an initiative is under way to change that. for these two
FOX Business
Jan 28, 2013 8:00pm EST
they are launching a full frontal assault on republicans and your privacy. but next, all the tax many money democrats got from their fiscal cliff win is all lost. how they spent it in one boat. officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> the agreement being worked on right now to further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. liz: really, reduce the deficit? that did not take long. all of that new tax money drummed up by raising rates on the upper bracket is gone. congress spending it all in one boat. says this is proof positive tax hikes alone won't be what fixes our debt. >> that is absolutely right. members of congress, particularly democrats getting reelected and help putting america back on a path for fiscal sanity. they will not be fiscal sanity. liz: it was just so ugly, whole group of taxpayers and dr. norse attacked, basically now resting the president whipping fas
FOX Business
Jan 28, 2013 11:00pm EST
frontal assault on republicans and your privacy. but next, all the tax many money democrats got from their fiscal cliff win is all lost. cliff win is all lost. how they officemax knows... cliff win is all lost. how they ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swel
SFGTV
Jan 29, 2013 1:00am PST
have to connect the tax collector. as they scroll down you'll see the permits and licenses you'll need. f a business property register. public health, department of pickup health has any requirements as well as if you locate your truck on a piece of private property i have to interact with the planning department. so all these permits are all listed here and when the yours concludes on view details they'll see what they need to complete and the fees. i can download the form. this is our tax collectors application. and i can go back to the full report to see the rest of the forms with the county there's a fictitious business licenses we are providing information for the state and federal government whatever it's applicable. and some of the other things that are unique to starting a business in san francisco. for example, let's see someone wants to do a consulting business there are certain rules and guidelines to starting a business in your home. we've made easy links so the users can find it easily. building permits should they do any construction work or wait water charges >> and the
MSNBC
Jan 28, 2013 6:00pm PST
by the sales tax. it doesn't care if you're a janitor with four kids or a cardiologist with lots of dollars. the greater percentage of income you pay, if you don't make that much money, that sales tax on the egg might be 1% of a day's pay for you. it could probably be more like a thousandth of a percent of the cardiologist's paycheck for the day. a sales tax is therefore among the least populist way of raising money for government, proportionally speaking. it takes the most from people with the least money, and the least from everybody who has more money. because of that backwards impact, because it's harder on the poor and easier on the rich, you might think a tax like that would be among the most unpopular tax ideas. but in bright red states, states where republicans have complete control of the government, that tax all of the sudden is really popular. this month in louisiana, republican governor bobby jindal rolled out his agenda for this year. get rid of the income tax and corporate taxes where how much you pay depends on how much you make. but do not worry about the billions in lost ta
FOX Business
Jan 29, 2013 9:20am EST
to the death. worse yet, storm relief wipes out a big chunk of the extra revenue from taxing the rich. that should bring in $80 billion cut was supposed to reduce the deficit, it will not. much of it goes right out the door all over again. we can all debate the wisdom and necessity of massive emergency spending for just charging it to the national credit card shows we are not really serious about controlling our death. 16.5 trillion now, 17 trillion by the falcons would have doubled in the eight years in office. lieve your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, is how we make sense of investing. stuart: good morning vardy and company viewers. it is do-or-die for research in motion. the blackberr blackberry people. very much on the line. here's what we know. the phone will be a touch screen and have a virtual keyboard. also will have a brand-new operating system. so far the device is getting good reviews
FOX Business
Jan 29, 2013 12:00am EST
the bush tax cuts? >> yes. >> a lot of people railed against bush and also against obamacare that is how they got the majority in the 2010 election. >> it's the economy. liz: david and gains. david: cheryl casone, good to have you here. thank you so much. melissa: i am melissa francis and here's what is "money" tonight. it could be the next california. how close is the breaking point and can the taxman save it? the power panel breaks it down. plus, he's in what is going on in salt lake city lately? a group of doctors declared a health emergency warning premature birth and miscarriag miscarriages. the group's leader joins us with the diagnosis. and unusual hand drawn top nba recruits three high-stakes poker tournament. not sure they make great executives. the man behind the plan joins us exclusively to lay out his cards. even when they say this not, it is all about money. so tonight we start with a huge hit to illinois, the critic has been knocked down from an aide to an a- from credit rating agency. now tied with illinois the lowest rating in the country. is our country going down the dr
ABC
Jan 28, 2013 11:00pm EST
and be able to work while background checks were done. but there would be fines and back taxes to pay and an environment r requirement to speak english and pass a civics test. why is the gop getting on board now. >> elections, elections, the republican party is losing the support of our hiss tannic citizens. >> -- hispanic citizens the plan also require it is country secure the borders. . >> and the president will soon decide on a bill to send more than 5(000)000-0000 to help with the relief efforts from superstorm sandy. the senatepassed the bill today. ifsigned the money will go to help people and businesses trying to rebuild from the storm. >> ill lis it evidence played in the barnes murder case. apornographic video was played. the prosecution says that's when the dynamic between barnes and johnson changed. they claimjohnson killed barnes and dumped her body. the trial picks up again tomorrow morning in annapolis, anne arundal county john dee pold did not take the stand -- leopold did not take the stand in his own defense. he faces three counts of misconduct in office and one
KICU
Jan 29, 2013 4:00am PST
skype. good morning.. is paying taxes the impetus behind the move? > >yes it certainly has created a tremendous amount of interest in states like new york, connecticut, and new jersey specifically continue to increase their business taxes. ceo's of hedge funds and private equity firms are calling palm beach county in record numbers. > > federal tax rates are the same in florida as they are in new york or anyplace else, but there is no state income tax in florida. are hedge fund owners actually revealing how much money they save by moving to your state? > > yes they are. we also have done an analysis. we have local accountants on board as part of our hedge fund committee team that have done comparisons and are tailoring comparisons based upon our taxes here in florida and the taxes that they are paying from their respective state. so, you look not only at the taxes---we don't pay a state personal income tax---but the cost of living here in palm beach county is significantly less compared to the northeast. > > what did you find out in the data? how much money? > > we're talking about
FOX
Jan 28, 2013 11:00pm EST
step closer to hey! hey honey! hey alan. uh, hey.... i'm bob, we talked at the tax store. i did your taxes. i thought you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. 3 mourners... crowd... the streets... of... southern brazil.../ . in... -p the first....of whatt...will likely be.... of hundreds of funeral &processions following aa eadly fire. 3 this the scene early ssnday morning... when a ffre inside kiss nightclub..... killed 231 people. more than 120 others are in the hospital... most in critical condition. investigators believe it was started by a band'ss pyrotechnic show.ffur people - two club ownerr and two band a state ireeooficiall ays around tww-thousand pprtyy goerr were inside at the time -- double the clubbs mmximmm 3 that te lub's liccnse was expired, but theiirattorneys deny
SFGTV2
Jan 29, 2013 6:30am PST
to $50,000. this is -- we check credit. we need a business plan. then we look at the three-year tax return and that statement. we do a lot of home care and mom-and-pop shops. we also do start ups. we asked for approval through documents. we work a lot with people who do not know how to file taxes properly. we are mainly focused in san francisco. we are small. we focus mainly on the tenderloin, chinatown, bayview, visitation. we do a lot of expansion. people start small through the credit union and then want to go to the bank. we know we are limited. we cannot afford to give out a big loan. starting from the credit union, we educate them about filing taxes properly and then moving on to the bank, a small one, expansion, and we work with the bank. the bank and credit union are similar. we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need
CSPAN
Jan 29, 2013 7:00am EST
where republicans and democrats seem to agree that something needs to be done on tax issues or fiscal issues, where there has been an impasse for many years now. host: in terms of the principle, how detailed is the outline? are we talking about a bill taking shape or just a sketch at this point? caller: it is more of a sketch, the first step in trying to get an actual bill going. basically these are legislative goals that include four areas, one is a package, one is overhauling the existing system, another is establishing a way to ensure that there is less illegal hiring of workers, and another is to create a guest worker program. but those goals, we do not know how that will be achieved or worked out over the next few months. things are supposed to get going here as soon as next month. senator schumer and the other senators believe that they could have something by late spring, early summer. host: looking at "the san antonio news," we have this headline -- "upset republicans." what are you hearing about republicans getting things through? caller: house republicans do not seem to be o
SFGTV2
Jan 28, 2013 5:00pm PST
. the redevelopment by the state was a potential death now for the housing and our taxes stopped the growth of our economy. we in this room and many of us working together took on the story changes for our city some of which have vexed for years >> years. i'm proud that together we through innovation and we foerjd our way ahead. to the city commissioners and to the department heads and to our friends in the business, labor you think non-profit and other communities who spent countless hours with us in negotiations and to the great people of san francisco who rewarded us with your support at ballet in san francisco thank you, very much. together we're putting san francisco back on the right track and building a solid foundation for all our residents. my fellow san francisco's we're living in a time of astonishing innovation and unlimited process we're driving that innovation and for or against the future right here right now not just for san francisco but for the whole world. within the lab of our technologies we're developing techniques will will save lives. to our market district we're providing
FOX
Jan 29, 2013 5:00pm EST
and that includes keeping the gas tax and that gas gas stations would pay to distributors. the republican governor reacted to the plan today on wtop radio. let's listen. >> i think they have a significant tax increase and gas indexing and so forth. is that is why i tried to address it by replacing it with a sales tax and that is more. it's general fund and a fee and revenues. it's 845 mimes and that is -- 845 million dollars. we get money for railfo dulles, improve mes on 238 and 266 and 234, the paving and -- this will help northern virginia. >> and the house finance committee is to vote tomorrow and the senate on thursday. >> the get ready for traffic jams in fairfax county. two separate water main breaks are causing problems. the one commuters should be most concerned about is on richmond highway and shields avenue and north kings highway and only one northbound lane is open and this is likely to be a mess through rush hour. the crews are working on a water main break on virginia 236 at willow run drive. one lane is open there. >>> the speed limit could be going up on the unter county connector
FOX Business
Jan 29, 2013 5:00pm EST
to the population. you know, a bigger populationings that's more labor, more consumption, a bigger tax base. you're a bigger economy like china. wouldn't more legal immigrants help us grow the economy? >> there's no question that adding more labor input makes the economy bigger, but there is not really any research to show it makes the economy better or more accurately, it raises per capita income. of course, that's what matters; right? canada and mexico have very roughly the same size economy, but we don't say, well, gosh, they are equally rich. no. mexico's population is several times larger, and so it's per capita is much lower. as far as we can tell because of the immigrants tend to be somewhat poorer on average, the overall per capita actually goes down when the immigrants arrive so it does make a larger gdp, but it doesn't seem to i'll -- improve the economic situation of the native born. immigrants do benefit, and that could be an argument for immigration. melissa: if they were legal, paying taxes, that's a big difference, especially from the perspective that one of th greatest costs is t
SFGTV2
Jan 29, 2013 7:00am PST
. the next one will also be on how to grain your business, with tax -- green your business, tax credits available with that. for non-profit, charitable organizations, we have a workshop coming up. that is helpful for those of you who are looking to access the committee on a durable basis. >> also, on behalf of leader pelosi, i want to thank our panel and her staff. we are tenants in this building. i apologize for the security situation that happened upstairs. if you have concerns about it, please come and see me. i would like to convey those to the landlord here so that it does not happen again. thank you. >> hi, everybody. my name is carmen chu. why don't we get started. with a marking up with the department of small business -- we have been working with the department of small business. this project started when we heard from neighborhood merchants. unfortunately, they had access issues, visibility access issues. we have been working closely with many of our partners year today to educate about these -- many of our partners year today to educate about these issues. also in terms of bo
SFGTV
Jan 29, 2013 2:30am PST
were determined to protect in that debate was the new markets tax credit, something that has benefited some of these kinds of initiatives throughout the country. so whether it was long ago and the low-income housing tax credit of which mercy housing has participated in over and over again and the new market tax credit, one of the current versions of the story. or the section 8 vouchers or the rest of that, public policy has played a role. but we can only be successful in achieving the funding for that public policy if we have examples of national significance to say this must be a priority. and it is a priority because mercy housing and st. anthony's makes people the priority. results. deeds, not just words. the words are important, but they are no substitute for making something happen from it. we all know the gospel of matthew and i was hungry, you gave me to eat and that is what st. anthony's has done. when you were homeless, you gave me shelter and that is mercy housing and they have come together. it's not just about food and housing, but it's about dignity and stability and resp
FOX Business
Jan 28, 2013 10:00pm EST
solutions. arrive from texas, no more reform, no more income tax, flat, or otherwise. passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local store called fresh market has a weekly special, gallons of milk for $2.99 each and every tuesday. not anymore. the state is worried such deals to drive competitors out of business. isn't that what free-market are about? if they want to compete, lower prices. if not, what consumers walk up the door. that's my "2 cents more." it's obvious. coming in tomorrow, president obama's says deficit reduction is not a goal unto itself. shouldn't it be? of every action. that's it for tonight on "the willis report." thank you for joini
FOX News
Jan 29, 2013 2:00am PST
. >> they have to pay back taxes have a noncriminal record and learn english and understand and study our history. they have to get in line behind everyone else. they will be granted legal status but they have to get behind everyone else who has waited legally to get green card status. >> some conservatives are expressing concerns with the plan. ted cruz says allowing immigrants who came to the united states illegally is inconsistent with rule of law and not fair to immigrants who came here legally. >> kelly wright live. thank you. this morning we are hearing from florida senator marco rubio. rubio sitting down with sean hannity to discuss the senate proposal we told you about yesterday and discussing what he thinks are the necessary steps in the immigration process. there must be enforcement measures before a green card. >> i think it's a good time to remind people the vast majority of con sefb tives favor legal immigration. we don't have a little immigration that works right now. illegal immigration undermine illegal immigration. he we understand we have to deal with this. we have 11 million pe
ABC
Jan 29, 2013 1:05am PST
'm bob, we talked at the tax store. i did your taxes. i thought you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ..es and all other major tax stores combined. >> superbowl week with interesting comments from president obama. he was quoted in new republic magazine as saying if he had a son he might not let him play football because of the long-term health risk and the danger involved. well, 49ers head coach jim har but was asked about it today. and the coach he has a brand new baby boy named jack and the coach says jack is going to play. >> i have a 4 month old almost soon to be 5 month old son jack harbaugh and president obama feels that way then a little less competition for jack when he gets older. that's the first thing that jumps into my mine. other parents are thinking that way. but still early. jack is only 5 months old but he's a really big kid. he has an enormous head. wing span is plus 1. as soo
CNBC
Jan 28, 2013 7:00pm EST
're worried about tax reform. jobs and unemployment. this is catapulted to the front of the line. why now do you think? >> well, big items like this. and this is a big one. need to be done early in a session. even with an issue like this that favors republicans, people get skittish so, i think, if you're going to move something this big, you've got to start early. >> can i -- can i barely call this? as i really want to because i think you're in the right direction. can i say that if done properly and orderly way, this is pro-growth, this is pro-growth, those immigrants come here to work and they'll help us. could it be sold as a pro-growth measure? >> you bet, you bet it can. just on the regular immigration reform that people think about. that's pro-growth, but what you mentioned, few people realize is part of this. on the high-tech side, we have american companies that are having a whale of a time finding enough americans to fill positions in the so-called stem fields. and this would deal with that issue and it would allow individuals who are educated in our universities receiving masters a
FOX News
Jan 29, 2013 1:00pm PST
may boost taxes, but taxpayers could be slapped with an even bigger bill. we will hear from the other side of this tomorrow. but to the center for immigration studies, now, steve, tell us, it is going to cost a lot of money to alout -- by the way, can i take a step back, are we agreeing it's 11 million? i have heard as high as 20 million. but 11 million is the number. how much is this going to tax. >> i do think it's 11 million. i am a demongraphy and i do focus on this. they are not lazy and came to get welfare. we think a major came as adults and hadn't graduated the equivalent of high school in their own country. 25 to 30% had only a high school education. so with legalization, they're still going to make wages commensurate with modest levels of education, which means they won't pay much in taxes and workers like that, especially when you look at legal immigrants, they tend to use a lot in social services, about half of all legal immigrants with a high school education, those households access the welfare system. >> tell us how they do that i. that's legal immigrants. >> so in othe
KOFY
Jan 29, 2013 12:00am PST
for some. >> yes. you, catherine!ook perf have we met? yeah, last week at the tax store i did your taxes. you work here too. yep. i thought you were an expert with returns? oh i am, especially after the holidays! major tax stores advertise for preparers with "no taxes experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores
Current
Jan 28, 2013 9:00pm PST
they're living, pay a fine as well as back taxes for several years. presumably that's money that someone working below the wage off the books might not have handy. i don't now when they'll be able to start to implement a plan like this. >> they're looking at $10,000 in fees. that for some in the immigrant families in the agriculture sector that represents over 25% of their annual income. unreachable for many families. but you add language requirements. you add proof of employment requirements, and each of these requirements according to a respected migration policy institute will leave out 36 million undocumented immigrants. you talk about this threshold citizenship for 11 million, but then you look at the details and the devil is in the details. you leave out another chunk of several million, it's very concerning to us. we want to have an honest debate that puts out the facts and is honest with the american population about who is really becoming legalized. >> john: i want to bring in george zornok. buzzfeed reported that the house is working on it's only illegal immigratio
FOX Business
Jan 28, 2013 9:00pm EST
. >> and did you really gets the bush tax cuts? >> yes. >> a lot of people railed against bush and also against obamacare that is how they got the majority in the 2010 election. >> it's the economy. liz: david and julia. we appreciate your time. thank you for watching. have a good evening. we about te again? "the willis report" is on the case. all of that and more comg up. but first, to our top story. immigration reform. or is it amnesty? bipartisan senators reviewing their plan for immigration reform. critics are wondering if this path to citizenship for the 11 million immigrants in the united states is actually a fast-track umc. wh more can we have chris stirewalt,. >> welcome as always, it's in the details. that's what counts. in 2,702,000 page bill. it just tells me that that is a very convenient pretext. gerri: we will have a lot of debate on us. taking a look at this list, you have to verify everything that happens. enforce new hiring procedures, a farm worker program and better tracking of defense. will the president accept this? he is announcing his plan tomorrow, or will he insist on h
SFGTV2
Jan 29, 2013 6:00am PST
in the last congress when later closing was speaker of the house. she had had 16 tax cuts signed into law to help small businesses grow and thrive. as we know, during the last 15 years, small businesses account for about 2/3 of the job growth in our country, but when the bush recession hits in 2009, 2010, small businesses were hit particularly hard. small businesses are the center of her agenda. congress under her leadership gave 27 million small businesses tax cuts. two main pieces of legislation -- the small businesses jobs act in the information you have, will create a total of 500,000 jobs and create eight tax cuts. they are all described in the packet you have. also, unleashing up to $300 billion in credit for small businesses to access. there are another eight tax cuts that were passed through a number of different laws. some of our panelists will address those. even though now we are in an environment where there is a republican majority in the house and a slimmer majority in the senate, please note that the leader and democrats are going fight hard to keep their agenda and restart
MSNBC
Jan 29, 2013 2:00pm PST
on education, on taxes, on any of this stuff. that's what's going on. >> so that's the issue. >> of what do democrats get out of it? why are they pushing it? >> hispanics have been demanding something on this, and at some point -- >> but do they want the teeth, the tough requirements of worker verification? do they want the tough part of the bill? >> i think -- yes, because if you actually go to places like arizona and new mexico and i have seen surveys of hispanic americans, hispanic american citizens who say second, third, fourth generation, saying i did it legally. these folks should have to do it legally. >> i just don't hear that from the latino groups. >> no, they -- >> i don't hear the interest groups pushing for real teeth. let's take a look -- >> the interest groups rnt. i'm talking about rank and file hispanic americans. >> that's positive. let's look at what he had to say. he came out for what he calls comprehensive immigration reform. it was at a speech in las vegas. he said the bipartisan plan put forward by eight senators was in line with the principles he's for which is very
KCSMMHZ
Jan 29, 2013 6:00am PST
for servicing government debt or an increase of over 1%. also for the first time in four years, tax revenues are expected to exceed what the government would get by issuing new bonds. the government expects tax revenues to total over $473 billion, or nearly 2% more than in this fiscal year. meanwhile, new bond offerings will fall by 3% to about $470 billion. japan still relies on government bond sells for 46% of its total revenue. the outstanding balance of government debt is expected to total about $8.2 trillion at the end of fiscal 2013. to repay it, the nation requires 17 years worth of tax revenues. the total debt also translates into almost $65,000 per person. the government plans to submit the draft budget to the diet for approval by the end of next month. >> japanese workers may soon have a few more yen in their pockets if union leaders get their way. union and business leaders are discussing a proposed wage hike. to repay it, the nation requires 17 years worth of tax revenues. the total debt also translates into almost $65,000 per person. the government plans to submit the draft budg
MSNBC
Jan 28, 2013 5:00pm PST
of any felony charges. they must pay any fines and any back taxes. there is a requirement to learn english and american civics over the course of the next several years. after passing these benchmarks, an undocumented immigrant will be granted legal working status. they will be issued green cards on the condition of the border being made secure. i'm a little confused on exactly how that works. we'll get to it in a moment. reform advocates hope the involvement of republican senator marco rubio will bring nervous conservatives along. in the house, speaker john boehner says he remains optimistic in legislation moving forward. republican congressman mario diaz ballard says he has been working with democrats in his chamber. >> we've seen that the speaker has said he wants to get it done. we've seen what the minority leader says that they want to get it done. here is the good news. a group of us have been ready for years. we've worked out most of the complicated details. you know the devil is in the detail. well, we've dealt with that devil. now it's an issue of just filing legislation a
MSNBC
Jan 29, 2013 7:00am PST
to work. you have to pay taxes. you're going to pay a fine. there'll be some admission of wrongdoing. so it is not amnesty in any sense of the word. >> the other side of that is it's a tough path to citizenship. they're just not going to say to you, you've been here so you can stay. there are going to be rules about paying back taxes, admitting guilt. is that going to be too tough for some progressives to stomach? >> well, i think there are two challenges here. one is to get past the toxicity of the "a" word, amnesty. and the president and the democrats really need to sell, as the senator mentioned, this is not amnesty. it is earned citizenship, involving the back taxes, fines, having to learn english, and to get in line behind legal immigrants. >> and one of the things chuck schumer pointed out this morning on "morning joe," is that if you actually applied that you get -- you go to the front of the line, ahead of people who never tried to take the legal path. >> right. but the challenge for the republicans, they have to sell this within their own party. not as amnesty, but they just nee
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